Gillard Matthew 4
4 · PATTERSON UTI ENERGY INC · Filed Aug 20, 2024
Insider Transaction Report
Form 4
Gillard Matthew
President-Completions
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-08-16−24,816→ 186,566 totalExercise: $0.00→ Common Stock, $.01 par value per share (24,816 underlying) - Exercise/Conversion
Common Stock, $.01 par value per share
2024-08-16+24,816→ 139,508 total - Tax Payment
Common Stock, $.01 par value per share
2024-08-16$9.13/sh−9,766$89,164→ 129,742 total
Footnotes (3)
- [F1]Shares received upon vesting of Restricted Stock Units.
- [F2]Shares disposed to pay applicable withholding taxes on Restricted Stock Units converted into common stock.
- [F3]The Restricted Stock Units will vest in accordance with the following schedule: (i) 18,133 on January 2, 2025, (ii) 40,407 on January 3, 2025, (iii) 109,894 on December 31, 2025, and (iv) 18,132 on January 2, 2026. Each Restricted Stock Unit represents the right to receive a share of the Issuer's common stock or a cash payment in lieu thereof.